Vitalik Buterin Criticizes Current #digitalassets Regulation
And once again about #VitalikButerin ๐
๐ฃ The co-founder of Ethereum has criticized the current regulation of cryptocurrencies, stating that honest developers have been cornered.
๐ In his opinion, projects with vague promises of potential returns remain outside the regulators' attention, while honest and transparent projects are immediately classified as "securities."
#Buterin called this an anarcho-tyranny, where acting honestly becomes risky. As a result, the industry attracts less scrupulous projects. ๐ค
๐ณ He believes it should be the other way around: regulators should pay more attention to projects without a clear long-term strategy rather than those that provide a clear justification of their economic value.
